Allen Parks Joins Seaport Global Securities LLC as Managing Director

HOUSTON--(BUSINESS WIRE)--Allen Parks has joined the Investment Banking Department of Seaport
Global Securities as Managing Director of Oil Field Services.

Daniel O. Conwill IV, Co-CEO, said, “I am delighted to welcome Allen
Parks as a member of our Investment Banking team in the Houston
office. Allen has a distinguished career in investment banking. He has
spent half his career in the drilling industry and half in
energy-related investment banking and is one of the most knowledgeable
oil field service investment banking advisors in the industry.”

During the course of his three decades in the drilling, M&A advisory,
and investment banking sectors, Allen co-founded Parks, Paton, Hoepfl, &
Brown (PPHB) to provide financial advisory expertise to the oil field
services sector where, over the course of his seven year tenure, PPHB
provided advisory services on approximately 100 transactions ranging
from $10 million to $600 million. Allen also has led the oil field
service investment banking efforts at CIBC, World Markets, and Dain
Rauscher Wessels (now RBC). Additionally, he spent 18 years with Dual
Drilling Company starting on the rig floor through roles of increasing
responsibility to become Executive Vice President and Chief Financial
Officer.

Allen received both a Bachelor’s degree in Chemical Engineering and a
Master’s degree concentrated in finance from the University of Texas at
Austin and attended the Advanced Management Program at Harvard.

About Seaport Global Securities LLC

Seaport Global Securities LLC is a full-service, mid-sized independent
investment bank that offers capital markets advisory, sales, trading and
research services. Headquartered in New York and New Orleans with
offices across the US and in Europe, we pair extensive knowledge and
relationships in Energy, Industrials, Chemicals and Shipping, with fixed
income sales, trading and research. The firm’s forward-thinking
practitioners, backed by decades of experience, have seen the business
through many cycles. For clients, that means complete alignment with
their best interests. For more information about Seaport Global
Securities, please visit: www.seaportglobal.com.